The ATO has been issuing GNs to third parties holding funds on behalf of Liquidators to either pay the money to the Tax Commissioner or be liable for committing an offence to increase the ATO's priority. Read More
Operators of SMEs and their advisers can be pardoned if they’ve given up trying to plan for 2017 based on economists’ conflicting forecasts. Read More
A day of reckoning is at hand for many SMEs who have been relying on the patience of the ATO to allow them to stay in business. That patience appears to be wearing thin. Read More
Although a Garnishee Notice is an efficient debt recovery tool, it has limitations – which accountants and business advisers need to be aware of and make sure their clients fully understand. Read More
Business owners who meet their tax obligations are becoming increasingly vocal about those who don’t, especially when these businesses are in the same industry and therefore competing against them unfairly. Read More
Everyone who professes to be serious about wanting to stay in business readily acknowledges that cash is king. Yet far too many business operators give mere lip service to this fundamental proposition on which business survival depends. Read More
